This indicator displays the RSI levels of two different timeframes defined by the user (default value are 5mins and 15mins) with the overbought (default 70) and oversold (default 30) levels.
I have attempted to modify existing RSI Model and add some more features to it. Below are the features.
DC High Line - Basis Donchian Channel concept i have added high line. Period can be selected in indicator options. Usage: Let's say i am tracking 90 day High period of RSI which will be shown with orange line on chart. If this orange line is breached it means...
⬤ INDICATOR KEY
⬤ INTRODUCTION
The indicator has presented as a table to show the perspective result of different indicators to help the user identify the status of the price if it’s extended or not. The table starts with the ATR section, which gives out a better look to compare the current day’s candle wide versus the average candle wide of a certain length...
This is another version of the RSI over EMA Trend Sniper script that I released here:
This one gives you better control across pairs wither higher volatility with the extra lines and more alert possibilities.
Here are the useful Alert functions within this indicator:
LONGS:
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Lower Green line
-Aqua line...
RSI MTF covers the timeframes 1m, 5m, 15m, 1H, 4H and Daily
Works on any intraday chart and appears in bottom left of screen
Can customise colors and transparency
Here is my All in One Strategy converted into a Study with Alert Conditions you can use for whatever purpose you wish.
Each condition is set up similarly to the way I had the strategy set up, if you pick the indicators you want to base your alerts on it will alert you only if the check box is true.
You can pick one or more of the indicators if you'd like. I...
Durbtrade Stoch RSI -
1) Stoch RSI
A) The K line can be customized to change color based on vertical direction.
B) The space between K line and D line can be filled with a color depending on whether K line is above or below the D line.
C) There are color-coded, cross-over and cross-under background fills, to signal when the K line crosses the D...
Hey there!
Hereby I present you the EMA RSI Lowest Low Hidden Divergence strategy, which I discovered on a youtube channel.
He has tested the strategy hundreds of times manually, herewith I try to automate the whole thing.
Since I use the strategy with a bot, it can only enter long positions for now. But in the future I will add the possibility to trade short...
This is an updated version (with lots of extras added) of the Accumulation/Distribution indicator coded by @Cl8DH.
You can read about what he says about his indicator, and how to use it, here:
So, from that, what have I done?
I added a moving average (of which there are many types to choose from) so that you can use this as a "two lines cross" indicator, as...
Hey traders, this is a table-based market relative strength and true strength scanner, designed to allow the users to get data from multiple pairs without having to go onto that pair for their strength's. This indicator uses functions to fetch data from other pairs so that the code is optimised and prevents slow loading. Furthermore, the indicator is easy to...
Like many traders, I have relied on the RSI / MFI indicators to determine overbought/oversold conditions. Occasionally, these indicators fail to reflect a true top or bottom of a price move. However, I found that when these indicators had confluence with one another--when *both* the MFI and RSI were in overbought/oversold territory at the same time--they tended...
This is the strategy version of the 'EMA-RSI-Pump-Drop-Swing-Sniper-With-Alerts':
Some additions with this strategy:
~Added Stop loss & Take profit control. In Settings > Inputs if the Stop Loss is at .051 that means it's 5.1% and the Take Profit at .096 is 9.6%. If you wish to remove the TP and SL just change the value to 1.00 and it would be the same as it...
Another simple version of the MACD RSi Confluence script. But this is one is more simplified with simple signals. Again to fully understand macd & RSI you should already have some type of knowledge of how they work. With understanding this script & it's signals are great for those who do. This script is based on Barcolor signals reflected by macd & RSI data
This RSI stragety combine RSI with candle stick patterns to give entry signal.
When RSI is over bought or over sold. A long price tail signals a trend reversal in short term period.
It prints the RSI values for all timeframes in tabular format.
Gives overall picture of RSI in all timeframes.
We can compare with RSI value of one stock to another ( like comparing its index performance vs stock performance in terms of RSI).
Note: This is designed to work with 5 min timeframe. When switching to higher timeframes then lower timeframe values...
NOTE:
// STOCH RSI CODE TAKEN FROM DEFAULT INDICATOR
// I HAVE ONLY MADE SOME ADJUSTMENTS FOR VISUAL AID
// I MADE THIS FOR MY OWN USE BUT HAVE DECIDED TO PUBLISH AND SHARE IN CASE ANYBODY WANTS TO USE IT
This is the normal default built-in Stochastic RSI indicator which I have added some stuff for visual aid:
Added middle line (50)
Stoch RSI background...
NOTE:
// RSI CODE TAKEN FROM DEFAULT INDICATOR
// I HAVE ONLY MADE SOME ADJUSTMENTS FOR VISUAL AID
// I MADE THIS FOR MY OWN USE BUT HAVE DECIDED TO PUBLISH AND SHARE IN CASE ANYBODY WANTS TO USE IT
This is the normal default built-in RSI indicator which I have added some stuff for visual aid:
Added middle line (50)
RSI turns green when crossed above 50
...
![NIFTY: [Mehrok]-Relative Strength Index](https://s3.tradingview.com/n/n3vR1Qym_mid.png "[Mehrok]-Relative Strength Index")
